On the 50th anniversary of the OECD, we examine the unique work the organisation performs in regulating and rationalising governments’ use of export credits in support of exports, jobs, economic growth and national interests more broadly. This work is part of a global post war effort to emphasise multilateral co operation and sound economic policies to promote co operation, efficiency and prosperity rather than destructive competition, controversy and conflict.
OECD export credits work is one of the basic building blocks of the ever growing structure of global trade agreements that aim to maintain open and efficient markets. The objective is to eliminate subsidies and unfair practices in the economic competition that forms the foundation of a healthy and dynamic global economy. The elimination of official financing subsidies in global trade is only a part of the broader trade policy agenda, but it is a vital part, and has been delegated to the OECD by the WTO. Since financing is the life blood of trade flows, specialised OECD housed work allows trade to flow efficiently for aircraft and other capital goods while other trade policy work and litigation continue at the WTO.
The export credits work at the OECD is described in this collection of essays. However it is about much more than the series of agreements described herein. It is more fundamentally about the governments and their people - policy makers and experts - who gather at the OECD to build collectively a system of export credits disciplines that is fair, transparent, adaptable and effective. It is therefore as much about people and ideas as anything else. The export credit secretariat pictured above represents only the latest in a long line of OECD staff committed to facilitate and advise this work.
The OECD’s motto on its 50th anniversary is “Better Policies for Better Lives.” This reminds us that in the end, it is policies that are at the centre of human well being. And export credits work is about promoting these better policies by developing “smart rules” that open markets and maintain a level playing field and by bringing people and governments together to this end.
OECD export credits work is one of the basic building blocks of the ever growing structure of global trade agreements that aim to maintain open and efficient markets.
Le soutien public à l’agriculture est tombé à 18 % des recettes agricoles totales en 2010 dans la zone OCDE - un niveau sans précédent lié aux prix élevés des matières premières - mais il s'est accru dans les grandes économies émergentes, selon un nouveau rapport de L'OCDE.
Advance rulings, formalities and procedures, information availability and inter-agency cooperation are the policy areas with the greatest impact on trade volumes and trade costs, according to OECD trade facilitation indicators studied in this report.
A co-ordinated multilateral removal of fossil-fuel consumption subsidies over the 2013-2020 period would increase global trade volumes by 0.1% by 2020, according to this report.
Trade in tasks represents the latest turn in a virtuous cycle of deepening specialisation of labour, expansion of the market and productivity growth. This paper analyses the task content of goods and services and sheds light on structural changes that take place following trade liberalisation.
English, , 1,151kb
The OECD Experts Meeting on Audiovisual Services took place 19-20 April 2011. The meeting launched the next phase of the STRI Project with expansion of its coverage to the audiovisual sector. This report provides the highlights of discussions during the meeting.
How is international trade affected by climate change mitigation measures relating to non-product-related processes and production methods (PPMs)? This study looks at PPM measures adopted in the United States, the European Union, Canada and other countries.
This report shows how aid for trade is becoming a growing priority for an increasing number of developing countries and donors; And how aid for trade is being connected to the broader development agenda, with strategies and priorities increasingly focusing on competitiveness and trade-led economic growth, said OECD Secretary-General.
Tariffs, government policies and availability of credit and electricity are among the factors that restrict the trade expansion of developing countries. This report identifies and quantifies these constraints, and includes case studies of Azerbaijan and Uganda.